Legal index
Registered office
Tornado Tower, West Bay, Doha, Qatar. SPCs maintain a registered office in the QFC, often via the appointed SSP.
Registered address
Tornado Tower, West Bay, Doha, Qatar.
Jurisdiction
Qatar Financial Centre (Onshore).
Entity type
Special Purpose Company (SPC) Limited Liability Company (LLC) established for a defined transaction or series of transactions with ring-fenced assets. SPCs must appoint at least one director, a secretary, and a Senior Executive Function (SEF), and retain a QFC-approved Support Service Provider (SSP).
Minimum capital
QFC SPCs have no minimum share capital requirement, allowing capitalisation to align with transaction needs.
Audit exemptions
SPCs are exempted from audited accounts and annual general meetings unless specifically requested by the QFC Authority.
Sharia structures
SPCs can be structured for conventional or Sharia-compliant transactions where applicable.
Registration status
Registered with the QFC CRO.
Licence status
Licensed.
Authorised share capital
QAR 1,000,000.00.
Issued share capital
QAR 1,000,000.00.
Financial year end
31 December.
Directors
Mr. Jeetu Mathew Kuriakose.
Secretary
Mr. Ahmad Bashir, Mr. Premjith Cheruvicheri Prabhakaran.
Senior Executive Function
Mrs. Zsuzsanna Klein.
Significant shareholders
Dr. Wissam Adnan Al Moghrabi; Mr. Jeetu Mathew Kuriakose.
Regulator
Qatar Financial Centre Authority (QFCA).
Governing law
QFC Law No. (7) of 2005.
Accounting standards
IFRS or GAAP, depending on mandate requirements.
Conflicts of interest
Policies identify and mitigate potential conflicts across mandates.
Responsible lending
Credit decisions consider borrower governance and cash flow sustainability.
Disclosure standards
Information shared with investors and sponsors is documented and traceable.
No public offerings
Facilities are arranged privately with qualified counterparties.
Due diligence
Transactions are subject to regulatory review, AML checks, and internal approvals.
Risk disclosure
Financing involves credit, market, and operational risks detailed in mandate documents.
Customer due diligence
Risk-based onboarding with enhanced checks for high-risk profiles.
Transaction monitoring
Ongoing review of facility usage and cash flow patterns.
Regulatory reporting
Escalation protocols aligned with QFCA guidelines.
Secure storage
Encrypted systems and controlled access for mandate documentation.
Retention policy
Data retained only as long as required by regulations and contractual obligations.
Client consent
Information shared only with authorized stakeholders.
Engagement scope
Mandate letters outline scope, services, and expected deliverables.
Fees and expenses
Fee structures are agreed in advance and linked to transaction milestones.
Confidentiality
All parties adhere to confidentiality obligations throughout the mandate cycle.
Entity lifecycle support
Where required, engagements can include coordination of incorporation, domiciliation and registered office services, company secretarial support, directorship services, regulatory reporting, and accounting/financial reporting. Lifecycle support may also include tax and cash management coordination and orderly wind-down or liquidation planning for completed mandates.
Compliance documentation
Request formal legal and compliance documentation packages from the mandate desk.
